And Mr Bush had previously said deficits would be merely a passing phase, a claim that looks increasingly dubious.
Recent governmental and intergovernmental activity in these areas is not a passing phase.
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We now know that oak seedlings rarely thrive under mature oaks (which rain caterpillars on them), so the oak climax was just a passing phase.
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Arguably, the present passion for executing murderers is a passing phase: America has dropped it in the past, and some dozen states and the District of Columbia do not have a death penalty.
So I think it is part of the natural evolution but clearly going towards that passing the torch phase, which most people miss, can be a fantastic capstone to a long career.
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Pakistan, he says, is passing through a critical phase and the national interest demands that he retain his powers as head of the army.
"I agree we are passing through a challenging phase, but we are the owners of this country... and fortunately, we will show to the world that we can protect our country, " said President Karzai.
It is not retirement that does it, I think that I have found in my own life that certain aspects of that third phase, passing the torch, are just really appealing and make me happy and I think are somewhat valuable.
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The first is that American politics is passing through a highly unusual phase.
In the past, before the master plan was adopted and before the implementation phase began, there were vehicles passing by on and near the core areas in Lumbini disturbing the peace and quietude that are essential in Buddhism.
At the time, some on Wall Street complained that he was passing up a potential shortcut to approval by not conducting midsized trials, or so-called phase-II trials (the second of three usual phases of trials).
The more that the light passing through the sample is slowed down, however, the more the two beams will be out of phase.
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